Summer Placement for the 2015-17 batch at MDI Gurgaon recorded a rise in average compensation for both its flagship PGPM as well as the PGP-HR programmes.
While the average compensation went up by 23% for PGPM over the previous year, it was 36% in the case of the PGP-HR students.
For PGPM, The highest stipend offer was Rs 3 lakh, median stipend 1.38 lakh and average stipend Rs 1.41 lakh.
The average stipend in PGP-HRM was Rs 1,45,758, Median stipend Rs 1,50,000 and highest stipend Rs 2,40,000.
The placements also saw a 44% increase in the number of companies offering finance roles.
The batch comprised 301 students with 241 enrolled in the flagship PGPM program and 60 in the PGP-HRM program.
As many as 98 companies, including 26 first time recruiters, turned up at the placements, offering coveted roles to the students across multiple domains.
An overwhelming percentage of the class came from engineering background at 85% in PGPM and 90% in PGP-HRM. The class has a gender percentage of 78% male and 22% female.
The class has 20% freshers, 13% with 1-12 months experience, 32% with 13-24 months, 26% with 25-36 months and 9% with more than 36 months work experience.
Sector wise, for PGPM, 25% of the class chose BFSI roles, followed by FMCG (19%) and Manufacturing (14%).
For PGP-HRM, conglomerates took 27% of the class followed by Consulting at 22%.
In function-wise split, Sales & Marketing saw several well-known names like Asian Paints, Benetton Group, Castrol, Coca Cola, Danon, Genpact, HSBC, HUL, IBM and ITC Ltd.
Finance Sector witnessed substantial growth with top companies like American Express, Apollo Munich, Axis Bank, Citibank, Goldman Sachs, JP Morgan and KPMG turning up at the placements.